Financial Risk Analyst

Venture outside the ordinary - TMX Careers The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fuelling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team. Ready to be part of the action? As a cornerstone of the Canadian financial system, TMX Post-Trade’s Risk Management Team ensures the stability and integrity of the markets we serve. Managing "systemically important" infrastructure for both CDS and CDCC, our team utilizes sophisticated models and a matrix-based defense structure to mitigate credit, market, liquidity, and operational risks. We collaborate across the industry to protect our partners and uphold Canada’s G20 financial commitments. Position Overview Reporting to the Director, Financial Risk Management, the Financial Risk Analyst (Rotational) plays a pivotal role in safeguarding Canada’s capital markets. In this 12-month program, you will bridge the gap between theoretical risk and market reality, supporting daily risk reporting while developing the next generation of risk management tools. The Rotational Experience This 12-month contract is strategically split into two 6‑month rotations, offering a 360‑degree view of the post‑trade ecosystem: Rotation 1: CDS (The Canadian Depository for Securities) Focus on the risk complexities of depository and settlement services for Canadian equity and fixed‑income markets. Rotation 2: CDCC (The Canadian Derivatives Clearing Corporation) Deep dive into central counterparty (CCP) services, managing risks for exchange‑traded derivatives and REPO markets. This role is hybrid (2 - 3 days/week in the office) - based in Toronto, ON. Key Accountabilities Risk Analysis & Intelligence Execute High‑Impact Analysis: Produce timely and accurate risk parameters for Equities, Fixed Income, and Derivatives across both Exchange‑Traded and Over‑the‑Counter (OTC) markets. Multi‑Dimensional Risk Reporting: Conduct qualitative and quantitative assessments of market, liquidity, and credit risks to generate critical reports for internal leadership and external stakeholders. Strategic Growth Support: Evaluate risk profiles for new products and initiatives, providing data‑driven insights on their impact on existing risk processes. Process Innovation & Technology Optimize Risk Workflows: Leverage SQL and programming expertise to automate analytics tools, streamlining current risk management processes while maintaining rigorous controls. Policy & Procedure Development: Design and implement new risk management frameworks and maintain procedural documentation to ensure full compliance with regulatory requirements. Root Cause Analysis: Support the identification and resolution of production incidents, performing deep‑dive analysis to propose long‑term technical or business solutions. Stakeholder Engagement External Partnership: Proactively manage ad‑hoc requests and inquiries from external partners, including Clearing Members and Regulators. Cross‑Functional Collaboration: Partner with Information Technology, Risk Architecture, and Operations teams on high‑priority projects that modernize the risk management landscape. Must‑Haves Education: Bachelor’s degree in Mathematics, Finance, Engineering, or a related quantitative field. Experience: 1–3 years of professional experience, with direct exposure to risk management (Equities, Fixed Income, or Derivatives). Technical Skills: Proficiency in SQL (or other database query languages) and a strong command of data visualization and reporting tools. Mindset: A proactive, independent self‑starter with meticulous attention to detail and the interpersonal skills to thrive in a highly collaborative team environment. Nice‑to‑Haves Advanced Education: A Master’s degree in a quantitative discipline (Mathematics, Finance, or Engineering). Programming Toolkit: Proficiency in Python, Matlab, or VBA. Industry Tools: Experience navigating Bloomberg terminals. Communication: Bilingualism in French and English (oral and written) is an asset. Salary Range: 35/hour-38/hour CAD Please note that the salary range included is a guideline only. The salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience. Please note that our company is not currently sponsoring work permit applications and the applicant must be authorized to work in the country where this position is located. TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it. #J-18808-Ljbffr